Forced Ranking: Making Performance Management Work - Hardcover

Grote, Richard C.

Hardcover

ISBN 10: 1591397480 ISBN 13: 9781591397489

Publisher: Harvard Business School Pr, 2005

Synopsis

Forced ranking assesses employee performance relative to peers rather than
against predetermined goals. It's a performance management tool that--when
used right--has increased productivity, profitability, and shareholder
value. Unfortunately, some firms have misunderstood what forced ranking is,
or have implemented it poorly--resulting in confusion and controversy. In
this hands-on book, renowned performance management expert Dick Grote
dispels common misperceptions about forced ranking and offers a
clear-headed, convincing argument for why it should be a necessary part of
any robust performance appraisal system. Based on extensive research, case
studies, and consulting experience, the book provides a practical framework
for developing a forced-ranking system that is fair, humane, and effective.
From establishing appropriate guidelines to accurately categorizing
employees, to managing A, B, and C talent differently, Grote shows how
managers can use this tool to identify future leaders, give honest
performance feedback, and grow the talent that matters most to the firm's
success. Transforming a controversial management practice into a practical
and powerful leadership-development tool, Forced Ranking will help
organizations and their employees reach new heights of performance success.

About this title

From the Back Cover

A comprehensive how-to guide to designing and implementing a fair and
effective forced ranking system, including how to accurately categorise A,
B and C players and manage and reward players differently.
This book clears away the confusion surrounding a controversial performance
management practice called forced ranking, which evaluates how well
employees perform relative to their peers instead of against predetermined
performance goals.

More importantly, it provides a tactical, how-to guide for doing forced
ranking right--and highlights the huge advantages firms and their employees
can reap by doing so.

Edition details

• Publisher: Harvard Business School Pr
• Publication date: 2005
• Language: English
• ISBN 10: 1591397480
• ISBN 13: 9781591397489
• Binding: Hardcover
• Number of pages: 260